The 2025 Copa Libertadores final stages will be played from 12 August to 29 November 2025.[1][2] A total of 16 teams will compete in the final stages deciding the champions of the 2025 Copa Libertadores,[3] with the final to be played in Lima, Peru.[4]
Starting from the round of 16, the teams were seeded according to their results in the group stage, with the group winners (Pot 1) seeded 1–8, and the group runners-up (Pot 2) seeded 9–16.
In the round of 16, quarter-finals and semi-finals, each tie is played on a home-and-away two-legged basis, with the higher-seeded team hosting the second leg (Regulations Article 2.2.3.2). If tied on aggregate, extra time will not be played, and a penalty shoot-out will be used to determine the winners (Regulations Article 2.4.3).
The final is played as a single match at a venue pre-selected by CONMEBOL, with the higher-seeded team designated as the "home" team for administrative purposes (Regulations Article 2.2.3.5). If tied after regulation, 30 minutes of extra time will be played. If still tied after extra time, a penalty shoot-out will be used to determine the winners (Regulations Article 2.4.4).
The draw for the round of 16 was held on 2 June 2025, 12:00 PYT (UTC−3) at the CONMEBOL headquarters in Luque, Paraguay.[5] For the round of 16, the 16 teams were drawn into eight ties (A–H) between a group winner (Pot 1) and a group runner-up (Pot 2), with the group winners hosting the second leg. Teams from the same association or the same group could be drawn into the same tie (Regulations Article 2.2.3.2).[3][6]
^The Libertad v River Plate match, originally scheduled at Estadio Defensores del Chaco, Asunción was moved to Libertad's regular stadium Estadio La Huerta, Asunción.[10]